Nick purchased a computer for $2,240. It has an estimated useful life of four years and an estimated residual value of $240. The entry to record the depreciation charge for the first year using double declining balance method is: 
Definitions:
Small D Deaf
A term denoting a condition of not hearing, without necessarily being part of the Deaf community, which is symbolized by a capitalized 'D'.
Deaf Culture
A rich cultural heritage among Deaf individuals, centered around sign language, arts, organizations, and shared norms and values.
Social Custom
Refers to traditional practices and norms that dictate expected behaviors within a society.
Deaf Culture
The set of social beliefs, behaviors, art, literary traditions, history, values, and shared institutions of communities that are influenced by deafness and which use sign languages as the main means of communication.
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